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Former OZK Exec Tyler Vance Taking Inspired Advance

Former Bank OZK COO Tyler Vance says he's beginning a new chapter in his life, becoming a pastor at Fellowship Bible Church's Cabot campus.

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Home Sales Fall 4.9% in Slow Start to Spring Buying Season

Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties.

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Simmons First Says Quarterly Net Income Fell 7 Percent

Simmons First National Corp. of Pine Bluff announces first-quarter net income of $47.7 million, down 7 percent from the same quarter last year.

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Chambers Bancshares to Acquire River Town Bank

Chambers Bancshares Inc. of Danville said Wednesday that has agreed to acquire Bank of Dardanelle Bankshares Inc., the parent company of River Town Bank.

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Multifamily Unit in Little Rock Secures $26.1M Loan

Grandbridge Real Estate Capital of Charlotte, North Carolina, recently facilitated the closing of a $26.1 million new construction loan secured by The Residences at Harbor Town Apartments, a 175-unit...

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Regulators Approve Capital Bank Name Change to Encore Bank

The Capital Bank in Little Rock says that the state Bank Department has approved its name change to Encore Bank.

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Banks Beware: A $67,000 Mistake (Jake Fair Commentary)

Account garnishments are a common and routine occurrence for many financial institutions, and one Arkansas bank is now taking a financial hit due to a routine garnishment.

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Two-Thirds of Arkansas Counties Lose Residents

Two-thirds of Arkansas’ counties lost population between 2012 and 2017, according to the U.S. Census Bureau.

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Investors Pay $3.9M For Convenience Store (NWA Real Deals)

Two Jonesboro investors paid $3.9 million for the Kum & Go convenience store at 2388 N. College Ave. in Fayetteville.

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LR Office Transaction Rings Up $1.6M Sale (Real Deals)

Louisiana & Third Properties LLC, led by Haitham Alley, purchased the Tripp Building at 209 W. Second St.

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Files Offer Look Inside $120M Delta Resort Bankruptcy

In December, creditors forced Gary R. Gibbs, the developer of the Delta Resort & Spa in Desha County and the Hotel Hot Springs & Spa, into bankruptcy for defaulting on $119.4 million in loans....

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Fed Likely to Underscore Message: No Rates Hikes in 2019

The Federal Reserve this week will likely reinforce a theme that has cheered consumers and investors since the start of the year: No interest rates hikes are likely anytime soon.

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US Pending Home Sales Rose 3.8% in March

More Americans signed contracts to purchase homes in March compared to the prior month.

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Fed Foresees No Rate Hikes Amid Unusually Low Inflation

The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation.

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FIS, Venture Center Launch 4th Annual Fintech Accelerator

Global financial services company FIS of Jacksonville, Florida, and the Venture Center in Little Rock named the 10 startups selected to participate in the 2019 VC FinTech Accelerator program.

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Presidential Hotel Sale Tops $12.7M Mark (Real Deals)

Affiliates of CSK Hotels of Fort Smith, purchased the Holiday Inn Presidential at 600 Interstate 30 and adjoining parking

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Your Just Deserts (Gwen Moritz Editor's Note)

Deserve is not an economic concept; it’s a marketing concept. It’s a word that allows consumers to rationalize spending money on appealing nonessentials.

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Shawnie Carrier Connects with Jetton General (NEA Movers & Shakers)

Shawnie Carrier has joined Jetton General Contracting in Paragould as director of strategic development.

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Central Arkansas Unemployment at 3.5 Percent

The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February.

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Details in Delta Resort Bankruptcy Show $171.1M in Debts

Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of...

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